A bill to amend the Internal Revenue Code of 1954 to allow individuals who have attained age 65 a deduction for volunteer services performed for certain charitable organizations.

Amends the Internal Revenue Code to allow volunteers, aged 65 or more, working for charitable organizations, to take an income tax deduction equal to the number of hours worked multiplied by either $2.00 or the applicable minimum hourly wage under the Fair Labor Standards Act, whichever is greater.